It feels like every museum is getting younger these days, with a facelift to match. The Metropolitan Museum of Art in New York now has a dedicated home for modern and contemporary art with the Met Breuer. The Philadelphia Museum of Art is undergoing a massive Frank Gehry-designed overhaul that will create new galleries to house its contemporary collection. And this week, the Bass Museum reopened its space in a landmark 1930s Art Deco building in Miami Beach after a $12 million renovation that began in 2015. Largely by doing away with a massive ramp that ran through the middle of the museum, it made 50 percent more exhibition space for the Bass, which was built upon the heavily Baroque and Renaissance artworks donated by John and Johanna Bass, to pursue the shiny new toys of the art world with its explicit intention of expanding its contemporary art program.
Of course, that’s a crowded market right now in Miami, with boisterous newcomer the Perez Art Museum, MOCA North Miami coming on strong, and the ICA Miami moving into new digs next month (the ICA’s curator, Alex Gartenfeld, will likely shine some extra light on the Miami scene when he co-curates the 2018 New Museum Triennial). But although the Bass opened after Hurricane Irma and a year later than expected (it was meant to be ready in time for Art Basel Miami Beach last December), it opened big, with a surefire hit exhibition in its retrospective of art world and Instagram favorite Ugo Rondinone. The Swiss artist is a joker with a colorful, monumental eye, and his faux-majestic Miami Mountain, a 42-foot tower of Day-Glo stone, has been a draw for Instagrammers since it debuted in Collins Park outside the Bass. Inside is no different. Along with an exhibition of the Belgium-based Cameroonian artist Pascale Marthine Tayou (who greets visitors with a wall of animated LED signs that say “welcome” in over 70 languages), the creepy, neon clown sculptures in Rondinone’s exhibit “good evening beautiful blue” seem almost perfectly timed for a post-It Halloween, and his 52 mirrored, color-saturated windows can almost be resented as overly obvious selfie bait. Either way, it’s just in time for the hordes of Art Basel Miami soon to descend. Here, a first look at what to expect.
Lindemann Multifamily Management Acquires Nashville Apartment Community for $83.2M
It’s no secret how much I love Tennessee. I love it as much as Miami, but for many different reasons. I started with the farm on the Cumberland Plateau, adding to our ag lands. Over time, Lindemann Multifamily Management has begun to acquire beautiful apartments as well. We just added MetroCenter Apartments (320 units), located in Nashville, TN to our portfolio, bringing total holdings in the area to 2300 units.
Lindemann Multi Family Management has sold Verona View Apartments, located in Plantation, Florida. Originally purchased in 2013, the . That is 55 percent more than the purchase price—$255,972 per unit.
The Verona View apartments in Plantation sold for $75 million. Verona Apartments Holdings, an affiliate of Miami-based Lindemann Multifamily Management, sold the 293 apartments at 10900 N.W. 17th St. to PRIII Verona Owner LLC, an affiliate of PGIM Real Estate, a global real estate investment fund.